TheStandard.io Partners with Radiant Capital: Adding RDNT as a New Collateral Type
At TheStandard.io, we’re always on the lookout for innovative collaborations that bring added value to our users. That’s why we’re thrilled to announce our partnership with Radiant Capital, a leading DeFi Lending platform on Arbitrum. Through this partnership, we’re introducing RDNT, Radiant’s native utility token, as a new collateral type within our smart vaults. This addition not only diversifies our collateral options but also brings a host of benefits to our platform and community.
Expanding Collateral Options
One of the key advantages of integrating RDNT into our smart vaults is the expansion of collateral options available to our users. By adding RDNT alongside established assets like WBTC, ETH, ARB, LINK, GMX and PAXG, we provide our users with a broader range of assets to choose from when securing their loans. This diversification allows users to tailor their collateral portfolios to better suit their individual risk profiles and investment strategies.
Enhancing Liquidity and Utility
The integration of RDNT also brings significant benefits in terms of liquidity and utility. RDNT’s inclusion in our smart vaults enhances liquidity within our ecosystem by providing an additional asset that can be used as collateral for borrowing. This increased liquidity not only benefits our users but also strengthens the overall health of our protocol.
Community Growth and Engagement
The partnership with Radiant Capital and the integration of RDNT into our smart vaults also contribute to community growth and engagement. RDNT holders now have the opportunity to utilize their tokens within TheStandard.io platform, attracting a new segment of users to our ecosystem. This increased community engagement not only benefits our platform but also strengthens the broader DeFi community as a whole. Moreover, Radiant Capital’s status as a top 10 project on Arbitrum, with over $100 million in Total Value Locked (TVL).
Radiant Capital and the addition of RDNT as a new collateral type within our smart vaults represent an exciting development for TheStandard.io and our community. By expanding our collateral options, enhancing liquidity and utility, and driving community growth and engagement, we’re continuing to push on expanding the ecosystem. We look forward to seeing the positive impact that this partnership will have on our platform and community in the days and months to come.
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